UNITY HOUSING SOLUTIONS FEATURES LARGER ROOMS, LOWER MONTHLY PAYMENTS WITH STRONGER ROOFS AND STRUCTURES
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BASSETERRE, ST. KITTS, NOVEMBER 10TH, 2017 (PRESS SEC) – This week’s official ribbon-cutting and handing-over ceremony featuring 14 homeowner families whose houses have been completed under Phase 1 of the Unity Housing Solutions Program is indicative of the positive trajectory of the country of St. Kitts and Nevis under the Team Unity Government.
Prime Minister Dr. the Honourable Timothy Harris remarked during Tuesday’s ceremony that, “As I came here [to Cunningham Heights in Spooners, Cayon, where the ceremony took place] and saw the beauty – the multicoloured houses, larger and better than they would normally be – I said good things are happening in the country.”
The Government’s joint initiative with the National Housing Corporation (NHC) is seeing the NHC supervise the construction of 300 affordable homes in all eight constituencies of St. Kitts for the benefit of people with small to modest incomes. These NHC homes have bigger bedrooms (now 12X14 compared with the previous 12X9 size) and bigger bathrooms (the toilet and face basin are now placed in an additional space that falls outside of the customary 5X9 measurement).
They also carry small monthly payments based on a 2% to 5% interest rate, depending on household income. “After an outcry by homeowners, it [the income-based repayment plan] is something that was instituted under the Team Unity Government, so that we have a fairer system,” the General Manager of the National Housing Corporation, Elretha Simpson-Browne, told the Press Unit in the Office of the Prime Minister one year ago on Wednesday, November 16th, 2016.
The General Manager of NHC noted then that, “Interest was reduced from 8% and 7% to 6% and 5% across the board by the previous administration.” Under the Team Unity administration, there is now a fairer income-based repayment plan, with persons who earn under $3,500.00 per month paying a 2% interest rate, persons who earn between $3,500.00 and $5,000.00 per month paying a 3% interest rate, and persons who earn over $5,000.00 per month paying a 5% interest rate on a maximum 30-year mortgage.
Prime Minister Harris, speaking at the handing-over ceremony on Tuesday, November 7th, 2017, said, “Our response to the housing challenges in the country includes making good that which was bad. It was bad that smaller houses had become more expensive under the past [administration], and we set out to correct that,” referring to the newly introduced restructured interest rate regime that reflects the earnings of the household.
The Honourable Prime Minister added that his administration felt it was important not to have a person earning minimum wage paying the same as a high-level civil servant, for instance.
The Prime Minister of St. Kitts and Nevis stated that such leveling of the playing field is one of the good things happening in the country, adding: “I believe this new community that we are creating here [under Phase 1 of the Unity Housing Solutions Program] is a clear reflection of the signs of progress all over St. Kitts and Nevis at this particular moment in time.”
Prime Minister Harris said signs of progress include enhanced healthcare facilities such as the cancer treatment centre that opened last December at the Joseph N. France General Hospital. Back then, Dr. Cameron Wilkinson, Chief Surgeon and Medical Chief of Staff, said, “This centre will add years to the lives of people living with cancer. This centre will ensure that breadwinners in families [do] not simply succumb to their disease, but continue their active lives while they receive the appropriate and timely treatment. This centre will ensure that no one will die because they could not afford to travel overseas for treatment.”
“Wonderful things are happening,” Dr. Harris said this Tuesday at the housing handing-over ceremony, adding: “We have to begin more to count our blessings one by one and it will surprise you what the Lord has done for the people of St. Kitts and Nevis.”
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